A 16-acre property outside Charleston, South Carolina broke a local price record when it sold last week for $20.5 million.
The Vanderhorst Estate was listed for $21 million in March, the sale exceeded the Charleston-area price record by $250,000. The buyer is a limited liability company (LLC).
The property holds a 6,800 Sq Ft. plantation house dating to 1803 and two neighboring lots on Kiawah Island, a barrier island home to the Kiawah Island Golf Resort.
Built-in 1803 by former Charleston Mayor and South Carolina Governor Arnoldus Vanderhorst II, the house replaced a previous structure that was burned down by British soldiers burned down during the Revolutionary War.
The mansion was the anchor for Vanderhorst’s 3,000-acre plantation where he practiced slave labor to grow multiple crops. It was one of several plantations that the family managed in the region.
The family sold the estate in the mid-1950s and it was reportedly unoccupied for much of the 20th century. The house was placed in the National Register of Historic Places in 1973.